Tariff Resources
This page is to provide you with resources and up to date information on the US tariff situation. If you have relevant resources, please reach out to heather@businessinsurrey.com.
Tariff Impact Survey
The Surrey Board of Trade is closely monitoring the implications of potential US tariffs. Recognizing the challenges this could pose to Surrey and White Rock’s economy, BC’s industries, and Canada’s broader trade relationships, the SBOT is launching a follow-up survey to gather critical insights from businesses.
Latest News
- China will apply a 100% tariff to just over $1 billion of Canadian rapeseed oil, oil cakes and pea imports, and a 25% duty on $1.6 billion worth of Canadian aquatic products and pork.
- President Trump implemented tariffs on Canadian goods on March 4, 2025.
- A one month delay of tariffs on items covered under CUSMA was granted, to take effect now on April 2, 2025.
- Potash will be tariffed at a lower rate of 10%, along with energy.
- See the list of US products targeted for phased in retaliatory tariffs imposed by Canada.
- SBOT & SSWR Chamber Raise Alarms with Release of US Tariff Survey Results – Decisive Government Action and Support Needed
- Surrey Board of Trade and South Surrey & White Rock Chamber Concerned About US Tariffs on Aluminum and Steel, Calls for Federal Action
- Surrey Board of Trade Cautiously Optimistic as Tariffs Paused for 30 Days – Urgent Plan Still Needed to Support Businesses
- Surrey Board of Trade Statement on U.S. Tariffs
Made in Canada
Do you produce or sell Made in Canada products? We want to help showcase your business!
Tag @sboft in your Instagram posts and stories so we can share them to highlight your amazing work. Let’s make it easier for our community to shop local and support homegrown talent!
And don’t forget to do the neighbourly thing and tell your friends!
Pivot to Grow Loan
If your business exports to the U.S. or is part of a supply chain impacted by U.S. tariffs, or the uncertainty surrounding them, BDC can help. Our pivot to grow loan can help boost your cash flow, while your business adapts to a new trading landscape.
EDC Trade Impact Program
The EDC Trade Impact Program will facilitate an additional $5 billion over two years in support for eligible companies across a range of products to help you navigate economic challenges.
FCC Trade Disruption Customer Support Program
To support the Canadian agriculture and food industry as tariffs are implemented, FCC is providing $1 billion in new lending to help alleviate financial challenges.
Trade Hub
Insights on how Canada can build a resilient economy and fortify North America.
Impact of Tariffs on Canadian Businesses and Workforce
Although the proposed tariffs have been paused, ESDC-Service Canada will continue to support Canadian employers and workers, understanding this could have significant impacts on jobs and the economy.
| Programs and Services for Employers | Applying for EI | Work-Sharing for Employers |
| Email: serene.waugh@servicecanada.gc.ca | ||
Trade Diversification
Trade diversification is about securing more opportunities for Canadian exporters and investors to compete and succeed in thriving and fast growing global markets and sectors.
Government of Canada Resources
The Canadian Challenge Comes into Sharp Focus: 2025 and Beyond
A reflection on the seismic changes in the United States, up to and including the January 20, 2025 Inauguration and the initial round of Executive Orders signed by the US President.
Canada-Trump Administration 2.0
Explore in-depth insight and analysis on key issues impacting Canadian politics, government, and the Canada-U.S. relationship. Explore critical topics such as tariffs, taxation, travel regulations, investment, military procurement, and cross-border M&A, providing valuable insights for business leaders.
How Your Business Can Thrive in Uncertain Times
The countdown to the February 1 imposition of 25% U.S. tariffs on Canadian goods sent shockwaves through the economy. While a last-minute, 30-day reprieve was welcome, this latest episode of trade tension has provoked a climate of uncertainty that is likely to persist.
Resources to Support Businesses in the Face of Trade Uncertainty
To help make sure your business has what it takes to face this and other economic uncertainty, we prepared a list of resources to help you better understand the situation and its impact.
Tariff Updates, FAQs and Video Series for Importers
PCB provides up to date information for importers to navigate the changing international trade dynamics.
Canada-U.S. Trade Tracker Toolkit
The Canadian Chamber’s Business Data Lab crunches the numbers to assess potential tariff impacts using new localized trade data.
Tariffs and Trade Policy Resource Centre
PwC estimates that a 25% tariff on Canadian products would result in approximately $73 billion a year in tariffs. Additionally, a 10% tariff on energy resource products would result in $13 billion worth of tariffs annually.
Beyond Borders: Innovative Strategies to Beat Trump Tariffs and Expand Global Trade
In the video above, they dive into the pressing challenges and innovative solutions emerging from the US-Canada-Mexico trade war.
